Using an Investment Fund Simulation Integrated with a Business Game

Authors

  • Ricardo R. S. Bernard

Abstract

This paper presents an exercise involving a manufacturing simulation providing data to run an investment fund simulation. Both simulations were administrated simultaneously in a management simulation capstone course. The paper will be focused on the second simulation. Its model and dynamics are explained. Results of the investment fund simulation are analyzed in three perspectives: (1) comparative performance of the investment funds, (2) students’ perceptions about the vivid experience, and (3) acquired knowledge. Comparative performance is analyzed using data provided by the simulator. Student’s perceptions and acquired knowledge are analyzed using data gathered by a semi-structured questionnaire administrated at the end of the exercise. Overall, students pleased with the experience. According to them, it brought knowledge in a simple and fast way.
Key-words: simulation, investment fund, financial market, business game, management simulation

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